Volkswagen group investing $5 billion in Rivian

[Scorpio3d]

https://finance.yahoo.com/news/explainer-whats-behind-volkswagens-5-133018723.html

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[PreservedSwine]

Who else wishes they had Rivian stock yesterday?

 

[Randall Stephens]

I just hope that this means that they will be around for a long while. They are putting out good product but can’t rely on clean vehicle credits trading like Tesla did.

 

[GunRack]

Who else wishes they had Rivian stock yesterday?

I don't. Wish I never had it because I paid $78 a share for that stock. It popped this morning around $16 then dropped to $14 right now

 

[Grumpy2]

VW may be setting up for Rivian's shop to build their "Scout". Little has been released about the Scout, but it seems to be in direct competition to the R2.

 

[ddimit]

Who else wishes they had Rivian stock yesterday?

I bought it when it was trading in the mid 10's so very happy today. We'll see if it holds

 

[Quantum]

VW business news - getting a lot of praise for its low priced/high quality EV's - neither stock attractive.

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